Recent Citibank research on the American Depositary Receipt market provided strong evidence that US investor sentiment towards Asian ADRs, particularly emerging Asia ADRs, is extremely positive. Citibank's David Russell explains some of the reasons for this trend and the benefits that establishing listed ADR programmes could have for Asian corporates.
FA Do you think there has been a shift in foreign investor sentiment towards emerging Asia ADRs, and if so, why
In the last year or so we have seen a lot of issuance from the Asian American Depository Receipt ADR market, largely targeting US investors. US investment in foreign equities is increasing every year and around 50% of that total is...
